NRG Power Announces CFO Transition | Business & Finance

PRINCETON, N.J.–(Company WIRE)–Feb 4, 2021–

NRG Power, Inc. (NYSE: NRG) nowadays introduced Kirkland Andrews is stepping down as Main Money Officer (CFO), helpful February 4, 2021. Mr. Andrews will continue being with NRG in an advisory capability as a result of February 19, 2021. NRG has appointed Mr. Gaetan Frotte, the Company’s Senior Vice President and Treasurer, to provide as Interim CFO effective February 4, 2021.

“Kirk’s leadership and counsel assisted obtain the money foundation and simplicity that underpins the persuasive strategic and money adaptability that we love today. His get the job done by means of the Transformation System, strengthening our harmony sheet, and simplifying our money composition have been a must have. On behalf of our Board and the whole NRG crew, I would like to thank Kirk for his devoted services and partnership around the past ten years, and wish him properly in his new role,” said Mauricio Gutierrez, NRG President, and Chief Executive Officer. “Today, adhering to the completion of the Direct Power acquisition and with legacy economical complexities largely driving us, our economic outlook is strong and path to expense grade credit ratings is clear. I have the utmost confidence in Gaetan’s potential to guide our finance group on an interim basis he has been a tested leader and integral advisor to our economical technique.”

Mr. Frotte, age 50, has served as Senior Vice President and Treasurer of the Business given that December 2015, and in various senior administration positions considering the fact that joining in 2006. His diverse experience within NRG provides potent knowledge of the business, men and women, processes, and systems, and all aspects of the Company’s economical reporting and corporate governance. He examined administration at The University of Hertfordshire and been given a B.A. in Accounting Finance from Institut Supérieur du Commerce. He also retains an MBA, Finance from the College of Virginia – Darden Graduate Faculty of Small business Administration.

NRG will carry out a look for for a long term CFO, which will think about internal and external candidates. Mr. Frotte will continue in his position as Treasurer and will provide as the Interim CFO by the profitable summary of the alternative search method.

At NRG, we’re bringing the electricity of power to folks and companies by placing shoppers at the center of almost everything we do. We create electrical energy and offer strength options and all-natural gasoline to millions of clients via our various portfolio of retail makes. A Fortune 500 business, working in the United States and Canada, NRG provides impressive answers though advocating for competitive energy marketplaces and customer alternative, working in direction of a sustainable energy potential. More information is obtainable at Join with NRG on Fb, LinkedIn and follow us on Twitter @nrgenergy.


Business Key phrase: Electrical power UTILITIES OIL/Fuel

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PUB: 02/04/2021 07:59 AM/DISC: 02/04/2021 07:59 AM

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